i just got as letter from my bank that I iwas turned down for a home equity line of credit reason not long on the job and not insufficient income??? first im on my job 14 years im a union man with income avg 52k the condo i own is worth in 2008 170k we paid cash so there is no bank loan on it i asked for 150k line of credit my credit score is 789 i owned 2 other homes with no bank loans i pay all my credit card bills in full and i pay all my real estate taxes and i pay all my other homes bills in full?? plus we have 2 new business i started in 2008 which mad about 15k 2008-now is my credit affected from this decline letter from my bank and can apply to another or its too son to do so??